Gamers up in arms against NFT plans, Telecom News, ET Telecom

Last week, Ubisoft Entertainment‘s CEO held an impromptu meeting with staff to defend the company’s NFT initiative. Around the same time, the makers of Stalker 2 tweeted a lengthy defense of their NFTs in response to criticism and then reversed course 20 minutes later as criticism intensified.

NFTs have generated a lot of hype among video game executives for unclear reasons, and fans have grown furious about it. Why do gamers hate NFTs so much? There are a lot of factors – the environmental impact associated with crypto mining, the frequent scams, the urge to never see a cartoon monkey again – but the biggest is that their mere presence in a video game is an erosion of trust.

Games, especially the big-budget ones with massive worlds, require a large commitment of both money and time from players. When games start asking for more money, it chips away at that trust by raising questions about the fundamental nature of a game’s design. Every game that uses NFTs is designed around an economy where players can buy and sell digital items to one another. As a result, every player is incentivised not to have a good time but to make as much money as possible. Economy comes first; enjoyment and artistic value are often secondary.

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